T24 News

Statement regarding the proposed acquisition of Metavante Technologies Inc by Fidelity National Information Services Inc.

GENEVA, Switzerland, 1 April 2009– Temenos (SWX: TEMN), the global provider of integrated core banking systems, provides the following statements regarding the proposed acquisition of Metavante Technologies Inc, with which it has a strategic agreement in the US, by Fidelity National Information Services.


GENEVA, Switzerland, 30 March 2009: Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced the launch of TEMENOS Insight (Insight), a comprehensive, packaged business intelligence suite that empowers banking staff to make faster, fact based decisions to strengthen customer insight, risk and compliance and performance management strategies across the enterprise. Insight is a modular, browser based application, underpinned by Microsoft’s business intelligence platform, and fully integrated with TEMENOS T24 (T24). Existing T24 users can deploy the system in less than eight weeks and begin to realise benefits immediately upon implementation, whilst minimising disruption to the existing infrastructure, services and cost base. This new offering stems from Temenos’ strategic acquisition of Lydian Associates, formerly a UK-based business intelligence software provider for the banking sector, made in November last year.

GENEVA, Switzerland, 19 March 2009– Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that Investec Bank (Australia) Limited has gone live on TEMENOS T24 (T24) to support its cash management and deposit raising activities.

Temenos continues to claim leadership position in IBS Sales League Table

GENEVA, Switzerland, 6 March 2009 – Temenos Group (SWX: TEMN), the global provider of integrated core banking systems, today announced that IBS Publishing has ranked Temenos T24 (T24) in the top position in its 2008 Sales League Table. This ranking marks Temenos’ leading position in the league table for the second consecutive year, where it has maintained one of the top two positions for the last decade.

Banco Ficohsa selects T24 to improve its customer experience

GENEVA, Switzerland, 25 February 2009: Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that Banco Ficohsa, one of the largest banks in Honduras, has selected TEMENOS T24 (T24) to support its retail and corporate banking operations, servicing 650,000 accounts across 88 branches in Honduras and the United States. Banco Ficohsa signed the deal in December 2008, making it the first privately owned commercial bank in Central America to implement T24.

Temenos T24 named a leader among global banking platforms by leading independent research firm

GENEVA, Switzerland – 9 February 2009 - Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that Forrester Research has named TEMENOS a leader in its January 2009 report, The Forrester Wave™ Global Banking Platforms, Q1 2009. The report also found “Temenos with T24 excelled with highest marks for flexibility of the banking platform, support of regulatory requirements and corporate strategy.”

Kenya Commercial Bank goes live with Temenos T24 to strengthen operations and drive regional business expansion

GENEVA, Switzerland – 2 February 2009: Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that Kenya Commercial Bank (KCB), the largest bank in East and Central Africa, has gone live with TEMENOS T24 (T24) to support its retail and corporate banking operations. The bank went live with T24 in 145 branches across Kenya, supporting approximately 675,000 accounts. This is the first implementation phase of T24. Further phased roll outs of the system are expected in 2009 to support KCB’s planned expansion to include a further 75 branches across East Africa, helping to grow customer accounts to over two million in the next two years.

GENEVA, Switzerland, 22 January 2009: Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that 44 new clients went live with Temenos T24 (T24) during 2008. This compares to 36 go-lives announced in 2007, representing an increase of more than 20%. The majority of these banks opted for Temenos Model Bank methodology in order to reduce implementation time and costs, minimise customisation and lower project risk. On average, banks achieved implementation times of less than 12 months.

Announces Date for Final Results and Investor Conference Call

GENEVA, Switzerland – 14 January 2009 - Temenos (SWX: TEMN), the global provider of integrated core banking systems, today announced that after a preliminary analysis of its full year 2008 figures, it expects full year revenues in the range of USD400-420m, representing growth of between 21% and 27% on 2007, and full year EBIT in the range of between USD63-69m, an increase of between 1% and 10% compared to the prior year.

Halyk Bank goes live on T24 to support its treasury operations in centralisation initiative

GEVENA, Switzerland, 16 December 2008 – Temenos (SWX: TEMN), the provider of integrated core banking systems, today announced that Halyk Bank, one of the largest banks in Kazakhstan, has gone live on TEMENOS T24 (T24) to support its treasury operations. The successful implementation forms the first stage of a centralisation project being undertaken by the bank to roll out T24 across all of its 720 branches in Kazakhstan and subsidiaries in Georgia and Russia. The bank is currently implementing the second phase of T24 to support and integrate its retail operations, which will service approximately six million customers to aid its international growth plans.